Business, 26.02.2020 03:29 briannamartinez2528
A hurricane destroys most of the fishing boats on the Macro Islands but leaves the lobster traps untouched. Boats are not needed to collect the trapped lobsters. People enjoy eating fresh fish with tartar sauce and lobster with drawn butter equally. Explain the effect of the hurricane on the demand and supply for drawn butter.
Demand / Supply
Increase / Decrease
Increase / No Change
No Change / Decrease
Decrease / No Change
Decrease / Increase
20.
People enjoy water skiing and surfing equally well in the Macro Islands. If the price of water skis increased drastically, how would the ski rope market be affected?
Demand / Supply / Price / Quantity
Increase / Decrease / Decrease / Increase
Increase / No Change / Increase / Increase
No Change / Decrease / Decrease / Decrease
Decrease / No Change / Decrease / Decrease
Decrease / Increase / Increase / Decrease
Answers: 2
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Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital
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Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. â exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) â na = (360 ) (360 ) oa b. na = (360 ) + 360 360 â na = 360 na c. (360 ) = na + (360 ) (360 ) â na = (360 ) na d. na = (360 ) + 360 360 â na = 360 na
Answers: 1
A hurricane destroys most of the fishing boats on the Macro Islands but leaves the lobster traps unt...
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